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Recent Sector News
African Consolidated Resources (LON:AFCR) expects to announce progress on its financing within the next three to four weeks, chief executive Craig Hutton told Proactive Investors.
Progress has stepped up a gear at Galileo Resources recently with several new potential growth drivers for 2014.
International Mining & Infrastructure, OPG Power Ventures, Premier African Minerals and SeaEnergy to present at next forum
Next week's forum showcases an interesting mix of resource related companies all with one thing in common – huge potential.
BHP Billiton, the world’s largest mining company, said it expects commodities demand to continue to grow as global economic conditions improve. The comments came as the Anglo-Australian company reported better-than-expected interim results, adding to the strong earnings performance by rivals Rio Tinto and Anglo American last week.
Anglo American says iron ore and copper prices will continue to be challenging because of growing supplies in the ‘near to medium’ term.
The mood from one of mining’s major gatherings was one of cautious optimism, according to analysts and mining executives who attended the Indaba conference in Cape Town last week.
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